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6/22/2011 9:08AM

News Hub: Greece Wins Vote...Now the Hard Part

Greece's prime minister won a key vote of confidence in parliament Tuesday but the country is still in need of 12 billion Euro in bailout funds this year and 100 billion for 2012 and beyond. Photo: REUTERS/Yiorgos Karahalis

This transcript has been automatically generated and may not be 100% accurate.

Gou ... the ... actually ... details for a sustained ... what what exactly people seem to want out of this comment about having gotten that where it leads us now ... the government ... of the top of the government of ... wanted ... to know where waiting for the top of another vote for the time but the end of the month almighty ... on the austerity package which the Commission for ... um ... another front should brighten up Monday and indeed for a second ... load of ... bailout money that they need to get them through to Neutral twentieth birthday in ... June of the vote to come under a lot of ... discussion that the ... year-ago level about how old how they can achieve its bailout ... how they're going to bail in the private sector or the ... contribution from ... private phone holder that it ... was in charge of the judges situated wildly as he defends that his government needed reshuffle his Cabinet only in ... the venture is about twelve but has kept him in the Socialist Party in power since even as you mentioned them are part of the season is austerity one business line margin nothing thinking about how bad the might now ... well ... if they may be that that because of the good the bottom of a government depend ... doesn't depend on it that directly ... they may be that some people will feel the way in the Socialist Party in the month is the ... last day of the majority of about the ... we will be weak ... we Kimberton flavor I'm I'm able to give this point still I'm ... still evident by the Provincial of horse trading between now and then the birth of children the per share ... if you did to pop I'm a European summit of the end of this month ... at the end of this week ... um ... what often can happen between now and I'm ... so stressed that the ONS said this is just a charge in the ... dugout has agreed to last year and looking ahead we need a fresh bailout ... to get them past twenty twelve what is the status of that when you see next milestone that discussion ... well um ... so we moved there the summit I don't expect ... too much to come from in the end of this week regatta ... another to find them that is the great things in early July in July ... for a July eleven ... um no BP Sculpting will be discussing a bad ... but I'm sure this discussion comparable to go on and so love until September which is to ... one of the big guns when the next bailout ... a chunk of current bailout money to ... go the way it could be resolved in July I think everybody is hoping it will be ... potentially could drive home with mom dad ... and stick and some are saying more more people talking about how a default is inevitable IDC due to the firing rates Greece's now faced with you can understand why I at this point is that sort of DB view all eyes are anything to prevent Greece at this point from from eventually some sort of restructuring ... there were two men are prevented the bedroom the majority view their tempting to think about the old one of the kind of ... America but selective default but could come out of the current discussions with having ... them which own holdings are in some way for store up to change that ... but current form will let maturing bonds for new bunch of OM's ... Imam of the bigger longer term issue of whether the bone folder to venture to pick the head of forex but will the ... rest of the bravest of them are probably go with all the intended result about possibly until twenty twelve twenty thirteen ... or two of the month of the default discussions ... and one way or another I think most of those when the Fed will be a will to the full ... yell at comes less than that the level that talking about this for probably the entire ... time ...